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Biotech / Medical : Ligand (LGND) Breakout!
LGND 189.68-0.2%11:05 AM EST

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To: Machaon who wrote (23941)8/6/1998 12:32:00 PM
From: Henry Niman  Read Replies (1) of 32384
 
Bob, LGND's website ( ligand.com ) has a few words on the larger indications and off label use:

"Ligand has an extensive Phase II clinical program in larger patient populations, including breast cancer, lung and prostate cancer,
psoriasis and actinic keratoses.These trials will determine future NDA tracks and are designed to provide physicians with valuable
information about additional activity of the drugs
. This strategy - involving initial commercialization of products for niche patient
populations with few therapeutic alternatives - allows Ligand to mount smaller, more affordable clinical trials, submit NDAs and
launch its first products with a small but highly specialized oncology sales force. Ligand believes a sales force of 22 oncology sales
specialists will be sufficient to launch the first product, and 35 should be adequate for the first four or five oncology products in the
U.S. Similar numbers are projected for Europe. This is consistent with the experience of other companies that market oncology
products".
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